PBF Energy (NYSE:PBF) SVP James Fedena Sells 77,085 Shares

PBF Energy Inc. (NYSE:PBF) SVP James Fedena sold 77,085 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $49.60, for a total value of $3,823,416.00. Following the sale, the senior vice president directly owned 139,016 shares in the company, valued at approximately $6,895,193.60. The trade was a 35.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

PBF Energy Price Performance

PBF opened at $45.28 on Friday. The firm has a market capitalization of $5.29 billion, a PE ratio of -30.80, a price-to-earnings-growth ratio of 0.57 and a beta of 0.25. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.51. The business’s 50-day moving average is $39.53 and its two-hundred day moving average is $34.37. PBF Energy Inc. has a 1 year low of $13.61 and a 1 year high of $52.18.

PBF Energy (NYSE:PBF) last released its quarterly earnings results on Thursday, February 12th. The oil and gas company reported $0.49 EPS for the quarter, beating the consensus estimate of ($0.15) by $0.64. PBF Energy had a negative net margin of 0.54% and a negative return on equity of 8.86%. The business had revenue of $7.14 billion during the quarter, compared to analyst estimates of $7.17 billion. During the same period in the prior year, the firm posted ($2.82) earnings per share. The company’s quarterly revenue was down 2.9% on a year-over-year basis. Research analysts anticipate that PBF Energy Inc. will post -1.12 earnings per share for the current fiscal year.

PBF Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th were given a dividend of $0.275 per share. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $1.10 dividend on an annualized basis and a yield of 2.4%. PBF Energy’s dividend payout ratio is presently -74.83%.

More PBF Energy News

Here are the key news stories impacting PBF Energy this week:

• Positive Sentiment: BMO Capital Markets raised its price target on PBF to $50 from $43 and kept a “market perform” rating — the new target implies about mid‑teens upside from recent levels, providing some analyst support for the shares. Article Title
• Neutral Sentiment: Zacks published a piece arguing PBF is a long‑term value stock, which may attract long‑horizon income/value investors but doesn’t introduce an immediate catalyst. Article Title
• Neutral Sentiment: A Motley Fool article lists refiners and oil firms as potential beneficiaries of supply disruptions (e.g., Strait of Hormuz scenarios); this is macro tailwind commentary rather than a company‑specific near‑term catalyst. Article Title
• Negative Sentiment: Large insider selling by major shareholder Control Empresarial De Capital: multiple Form 4s show sales of 637,000; 600,000; 200,000; and 85,000 shares across Mar. 26–31 at average prices around $50 — roughly $76.6M of disposals in that block. The holder still retains a multi‑million‑share stake, but the scale of sales is a clear negative signal to the market. SEC Filing
• Negative Sentiment: Senior executives and directors also sold shares recently: SVP Paul T. Davis sold 50,000 shares (avg ~$51.48), SVP James E. Fedena sold ~96k shares across two trades (~$49.60–$51.66), and Director Thomas Nimbley sold 50,000 shares (~$50.62). Combined insider disposals across these filings amount to roughly $9.9M — adding to negative investor perception. SEC Filing (example)

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on PBF shares. Mizuho upped their price target on PBF Energy from $38.00 to $45.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. Weiss Ratings reissued a “sell (d)” rating on shares of PBF Energy in a research report on Monday, December 29th. Tudor Pickering upgraded PBF Energy from a “strong sell” rating to a “hold” rating in a research note on Friday, February 13th. Piper Sandler upped their target price on PBF Energy from $41.00 to $42.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Finally, The Goldman Sachs Group increased their price target on PBF Energy from $33.00 to $41.00 and gave the company a “neutral” rating in a research note on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $32.92.

Institutional Investors Weigh In On PBF Energy

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Goldman Sachs Group Inc. grew its holdings in shares of PBF Energy by 127.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 6,327,255 shares of the oil and gas company’s stock valued at $171,595,000 after buying an additional 3,550,820 shares during the last quarter. Invesco Ltd. raised its stake in PBF Energy by 147.4% in the 3rd quarter. Invesco Ltd. now owns 2,772,258 shares of the oil and gas company’s stock worth $83,639,000 after acquiring an additional 1,651,516 shares during the last quarter. AQR Capital Management LLC raised its stake in PBF Energy by 230.7% in the 2nd quarter. AQR Capital Management LLC now owns 2,085,060 shares of the oil and gas company’s stock worth $45,183,000 after acquiring an additional 1,454,500 shares during the last quarter. Norges Bank acquired a new stake in PBF Energy during the 4th quarter worth about $34,243,000. Finally, Arrowstreet Capital Limited Partnership lifted its position in PBF Energy by 2,198.8% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,212,368 shares of the oil and gas company’s stock worth $36,577,000 after acquiring an additional 1,159,628 shares during the period. 96.29% of the stock is currently owned by institutional investors and hedge funds.

About PBF Energy

PBF Energy, Inc is an independent petroleum refiner organized in 2008 and headquartered in Parsippany, New Jersey. The company began trading on the New York Stock Exchange in July 2012 under the ticker symbol PBF. Since its formation, PBF Energy has grown through acquisitions and operational optimization, positioning itself as a leading supplier of refined petroleum products in the United States.

The company owns and operates five refineries located along the U.S. Gulf Coast, East Coast and in the Pacific Northwest, with a combined crude oil processing capacity of approximately 900,000 barrels per day.